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SEALSQ (LAES) and WISeKey form Quantisimo for $575M SPAC deal with GigCapital8

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

SEALSQ Corp, through its joint venture Quantisimo, entered into a non-binding letter of intent for a business combination with SPAC GigCapital8. The contemplated deal would create a publicly traded platform focused on trusted quantum infrastructure, with the combined company expected to have a pre-money enterprise value of about $575 million.

The parties envision growing this platform via consolidated acquisitions of up to five additional quantum companies, and the transaction is currently expected to close in the first quarter of 2027. SEALSQ is expected to contribute selected quantum-focused assets, technologies, and intellectual property to Quantisimo, but the transaction is subject to due diligence, definitive agreements, regulatory and shareholder approvals, financing, and other closing conditions, and may not be completed.

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Insights

SEALSQ backs a quantum SPAC platform LOI at a proposed $575M valuation, but all terms remain highly conditional.

The filing describes a non-binding LOI for a business combination between Quantisimo, co-created by SEALSQ and WISeKey, and SPAC GigCapital8. The contemplated structure would list a quantum-focused platform with a pre-money enterprise value of about $575 million, targeting trusted quantum infrastructure and related technologies.

Strategically, SEALSQ is expected to contribute selected quantum assets, investments, intellectual property, and initiatives into Quantisimo, aligning its portfolio with a potential future listed entity. The parties also contemplate add-on acquisitions of up to five quantum companies, which could expand scale if executed.

The transaction remains at an early stage: the LOI is non-binding and subject to due diligence, definitive agreements, regulatory and shareholder approvals, financing arrangements, and other customary conditions. The filing repeatedly emphasizes that there is no assurance the deal, asset contributions, or valuation objectives will be achieved, so actual impact on SEALSQ will depend on whether a definitive transaction is ultimately completed.

Pre-money enterprise value $575 million Expected pre-money enterprise value of combined Quantisimo–GigCapital8 company
Planned additional acquisitions up to five quantum companies Potential build-up consolidated acquisitions to increase total enterprise valuation
Expected closing timing first quarter of 2027 Current expectation for closing of proposed Quantisimo–GigCapital8 transaction
Form type Form 6-K Foreign private issuer report describing the proposed transaction
Registration statements referenced Form F-3 and Form S-8 Information incorporated by reference into existing SEALSQ registration statements
non-binding letter of intent regulatory
"entered into a non-binding letter of intent (the “Non-Binding LOI”) with GigCapital8"
A non-binding letter of intent is a preliminary document that outlines the main terms and expectations of a proposed transaction—such as a merger, acquisition, investment or partnership—without creating a legally enforceable obligation to complete the deal. Think of it as a written handshake or shopping list: it signals serious interest and sets the framework for negotiations and due diligence, which can move markets, but it does not guarantee the transaction will happen until a final, binding agreement is signed.
special purpose acquisition company financial
"GigCapital8 Corp. (Nasdaq GIW) (“GigCapital8”), a special purpose acquisition company"
A special purpose acquisition company (SPAC) is a company formed with the sole purpose of raising money through a public offering to buy or merge with an existing private business. It acts like a vehicle that allows private companies to go public more quickly and with less complexity. For investors, it offers an opportunity to invest early in a potential acquisition, though it also carries risks if the intended deal doesn’t materialize.
enterprise value financial
"expected to have a pre-money enterprise value of approximately $575 million"
Enterprise value is the total worth of a company, reflecting what it would cost to buy the entire business. It includes the company's market value plus any debts, minus its cash holdings, offering a comprehensive picture of its true value. Investors use it to compare companies regardless of their capital structures, helping them assess how much they would need to pay to acquire the business.
quantum economy technical
"provide investors with direct exposure to the rapidly emerging quantum economy"
proxy statement/prospectus regulatory
"file a registration statement, proxy statement, prospectus, and other relevant documents"
A proxy statement or prospectus is a document that companies send to shareholders to provide important information about upcoming decisions or investments, such as voting on company issues or offering new shares to the public. It helps investors understand the details and risks involved, enabling them to make informed choices about their ownership or involvement with the company.
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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 6-K

 

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

 

For the month of June 2026

 

Commission File Number: 001-41709

 

 

 

SEALSQ CORP

(Exact Name of Registrant as Specified in Charter)

 

 

 

N/A

(Translation of Registrant’s name into English)

 

 

 

British Virgin Islands   Avenue Louis-Casaï 58 1216 Cointrin, Switzerland   Not Applicable
(State or other jurisdiction of
incorporation or organization)
  (Address of principal executive office)   (I.R.S. Employer
Identification No.)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

☒ Form 20-F          ☐ Form 40-F

 

 

 

 

 

 

On June 25, 2026, SEALSQ Corp (Nasdaq: LAES) (the “Company” or “SEALSQ”) announced that Quantisimo Corp. (“Quantisimo”), a special purpose vehicle jointly established by the Company and its parent company WISeKey International Holding Ltd. (Nasdaq: WKEY) (“WISeKey”), entered into a non-binding letter of intent (the “Non-Binding LOI”) with GigCapital8 Corp. (Nasdaq: GIW) (“GigCapital8”), a special purpose acquisition company.

 

The Non-Binding LOI contemplates a business combination between Quantisimo and GigCapital8 (the “Proposed Transaction”). Upon completion of the Proposed Transaction, the combined company is expected to have a pre-money enterprise value of approximately $575 million. The parties to the Non-Binding LOI intend to increase the total enterprise valuation through build-up consolidated acquisitions of up to an additional five quantum companies. The Proposed Transaction is currently expected to close during the first quarter of 2027.

 

Quantisimo was created by WISeKey and the Company to establish a Trusted Quantum Pure-Play platform designed to provide investors with direct exposure to the rapidly emerging quantum economy. The Proposed Transaction is intended to create a publicly traded platform dedicated to trusted quantum infrastructure and the broader quantum ecosystem. Quantisimo’s strategy is to identify, develop, acquire and scale technologies and businesses that are expected to benefit from the transition to the quantum era.

 

In connection with the Proposed Transaction, and subject to the successful completion of the business combination and final board approvals, the Company is expected to contribute to Quantisimo selected assets and strategic interests, including assets and interests from its SealQuantum.com portfolio of companies, and certain investments, technologies, intellectual property, and strategic initiatives.

 

The parties expect to commence due diligence and to negotiate definitive transaction agreements in the coming months. The Proposed Transaction remains subject to the execution of definitive agreements, the completion of due diligence, regulatory approvals, shareholder approvals, financing arrangements, and other customary closing conditions. There can be no assurance that definitive agreements will be executed or that the Proposed Transaction will be completed on the terms currently contemplated, within the anticipated timeframe, or at all.

 

Forward-Looking Statements

 

This Report on Form 6-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the Proposed Transaction, the anticipated execution of definitive transaction agreements, the expected timing and completion of the Proposed Transaction, the anticipated enterprise value of the combined company, the potential future growth of the combined company, the proposed contribution of selected assets and strategic interests from the Company, the anticipated benefits of the Proposed Transaction, and the business strategy, market opportunities, and growth prospects of Quantisimo. Forward-looking statements generally may be identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions, although not all forward-looking statements contain such words.

 

These forward-looking statements are based on current expectations, estimates, forecasts, assumptions, and projections about future events and are subject to numerous risks and uncertainties, many of which are beyond the control of the Company, WISeKey, Quantisimo, and GigCapital8. Actual results may differ materially from those expressed or implied by such forward-looking statements as a result of a variety of factors, including, but not limited to: the risk that the parties may be unable to negotiate or execute definitive agreements relating to the Proposed Transaction; the risk that the Proposed Transaction may not be completed in a timely manner or at all; the failure to satisfy any conditions to closing; the failure to obtain required stockholder approvals, regulatory approvals, financing arrangements, exchange listing approvals, or other necessary consents; redemptions by GigCapital8 stockholders; the availability of financing; the ability of Quantisimo to successfully develop, commercialize, acquire, integrate, and scale quantum-related technologies, businesses, and investments; the ability to realize anticipated synergies or benefits from acquisitions, strategic investments, or asset contributions; the ability to achieve projected growth objectives, valuation targets, or operational milestones; the future adoption, commercialization, and market acceptance of quantum technologies; and other risks and uncertainties that may be identified in any past or future filings made by the parties with the SEC.

 

Any references in this Report on Form 6-K to anticipated enterprise values, future valuation objectives, acquisition opportunities, strategic growth initiatives, market opportunities, expected benefits, or long-term business prospects are based on preliminary assumptions and management expectations that are inherently uncertain and subject to significant business, economic, competitive, regulatory, financing, and market risks. No assurance can be given that any acquisition, strategic initiative, growth objective, valuation target, expected benefit, or business plan described herein will be achieved.

The Proposed Transaction is currently subject to the Non-Binding LOI. There can be no assurance that definitive agreements will be entered into, that the parties will successfully complete their due diligence, that any proposed asset contributions will be approved or consummated, or that the Proposed Transaction will be completed on the terms currently contemplated, within the anticipated timeframe, or at all.

 

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this Report. The Company, WISeKey, Quantisimo, and GigCapital8 expressly disclaim any obligation or undertaking to update, revise, or publicly release any revisions to any forward-looking statements, whether as a result of new information, future events, changed circumstances, or otherwise, except as required by applicable law.

 

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Important Information for Investors and Stockholders

 

This Report on Form 6-K relates to a proposed transaction between Quantisimo and GigCapital8. The Proposed Transaction remains subject to the execution of definitive agreements and the satisfaction of customary closing conditions. If definitive agreements are executed, GigCapital8, Quantisimo, and/or a newly formed holding company intend to file a registration statement, proxy statement, prospectus, and other relevant documents with the SEC in connection with the proposed transaction, and any definitive proxy statement/prospectus will be mailed to the shareholders of GigCapital8 once finalized. This Report on Form 6-K is not a substitute for the registration statement, the proxy statement/prospectus or any other document that GigCapital8 or Quantisimo may file with the SEC.

 

BEFORE MAKING ANY VOTING DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING ANY REGISTRATION STATEMENT, PROXY STATEMENT, PROSPECTUS, AND ANY AMENDMENTS OR SUPPLEMENTS THERETO, IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION, THE RISKS RELATED THERETO, AND RELATED MATTERS.

 

Investors and security holders will be able to obtain free copies of these documents, when available, through the SEC’s website at www.sec.gov.

 

No Offer or Solicitation

 

This Report on Form 6-K is for informational purposes only and does not constitute, nor shall it constitute, an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

 

This Report on Form 6-K does not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the Proposed Transaction. Any solicitation will be made only pursuant to definitive proxy materials and other applicable SEC filings.

 

Participants in the Solicitation

 

WISeKey, SEALSQ, Quantisimo, GigCapital8, and their respective directors, executive officers, and certain other members of management and employees may be deemed participants in any solicitation of proxies from GigCapital8 stockholders in connection with the proposed transaction. Information regarding GigCapital8’s directors and executive officers is contained in GigCapital8’s filings with the SEC. Additional information regarding the interests of such participants in the proposed transaction will be included in any proxy statement, registration statement, prospectus, or other relevant documents filed with the SEC if and when such documents become available.

 

The information contained in this Report on Form 6-K is hereby incorporated by reference into the registration statement on Form F-3 of the Company (File No. 333-290963), as amended, and the registration statement on Form S-8 of the Company (File No. 333-287139), and into the base prospectus and any prospectus supplement outstanding under each of the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 30, 2026 SEALSQ CORP
   
  By: /s/ Carlos Moreira
    Name:  Carlos Moreira
    Title: Chief Executive Officer
       
  By: /s/ John O’Hara
    Name: John O’Hara
    Title: Chief Financial Officer

 

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FAQ

What transaction did SEALSQ (LAES) disclose involving Quantisimo and GigCapital8?

SEALSQ disclosed that Quantisimo, a vehicle it co-founded with WISeKey, entered a non-binding letter of intent for a business combination with SPAC GigCapital8. The deal would create a publicly traded quantum-focused platform if definitive agreements are signed and closing conditions are met.

What is the expected enterprise value of the Quantisimo–GigCapital8 business combination?

The combined company is currently expected to have a pre-money enterprise value of approximately $575 million. This preliminary valuation is based on management expectations and could change, as the deal remains subject to due diligence, definitive agreements, approvals, financing, and other customary closing conditions.

How is SEALSQ (LAES) expected to participate in the Quantisimo SPAC transaction?

SEALSQ is expected to contribute selected assets and strategic interests to Quantisimo, including elements from its SealQuantum.com portfolio, investments, technologies, intellectual property, and initiatives. These contributions are subject to successful completion of the business combination and final board approvals for the contemplated transaction structure.

When is the Quantisimo and GigCapital8 transaction expected to close if completed?

The proposed business combination between Quantisimo and GigCapital8 is currently expected to close during the first quarter of 2027. This timing is only an expectation, since the transaction depends on negotiating definitive agreements, completing due diligence, securing approvals, arranging financing, and satisfying customary closing conditions.

What risks and uncertainties could affect the Quantisimo–GigCapital8 proposed transaction?

Key risks include failure to negotiate or execute definitive agreements, inability to satisfy closing conditions, or obtain shareholder, regulatory, listing, and financing approvals. Additional uncertainties involve redemptions by GigCapital8 stockholders and Quantisimo’s ability to develop, acquire, integrate, and scale quantum-related technologies and businesses successfully.